Bankruptcy
ESL Plans $4.6 Billion Bid for Sears Holdings
The hedge fund said its acquisition of Sears as a going concern will save 50,000 jobs.
Sears Inks Real Estate Deal for Certain Sites for $62M
The assets include 12 parcels of real property and six leases.
Gymboree Mulls Closing Half of its Stores a Year After Declaring Bankruptcy
Sources say Gymboree is considering closing half of all its store locations to skirt another bankruptcy.
WWD Recommends
How Important is Cyrus Capital in the Sears Bankruptcy?
The investment firm had talks with Eddie Lampert's ESL about partnering for a Sears bid last month.
ESL Investments Could Have a Competitor for Sears’ Assets
Great American Capital Partners could make a credit bid.
Sears Seeking Approval on Junior DIP Facility
The $350 million facility is with Great American Capital Partners.
David’s Bridal Plans Exit From Bankruptcy
Exit financing is in place, and the plan is for unsecured trade vendor claims to be paid in full.
David’s Bridal Filed Pre-Packaged Chapter 11 Petition
The company said it expects to complete the restructuring process "by early January."
ESL to Credit Bid for Sears; Likely Becomes Stalking-Horse Bidder
Liquidators are likely to bid as well.
David’s Bridal to File Pre-Packaged Chapter 11 Bankruptcy
The retailer said it has a commitment of more than $40 million in DIP financing.
Sears Gets Nod to Put Company Up for Sale
Sears also inked a $350 million junior debtor-in-possession facility with Great American Capital Partners.
ESL, REITs Spar in Sears Bankruptcy
ESL Investments said it plans to credit bid for Sears' assets.
David’s Bridal Said to Be Near Deal on Chapter 11 Filing
David's Bridal is nearing an agreement to cut debt through a bankruptcy filing and keep its chain of…
Judge Appoints Mediator to Resolve Nine West Disputes
The fashion retailer filed for bankruptcy earlier this year, but the future of the company is still unclear.
Time, Cash Burn and Unsecured Creditors are Sears’ Enemies
Sears is again the subject of liquidation rumblings.